CORPORATE SOCIAL RESPONSIBILITY AND ORGANISATIONAL PERFORMANCE

ABSTRACT

Organisations today operate in an ever changing and fiercely competitive environment, with its major issues being how to efficiently utilise it's limited resources. Because Organisations and it's environment are intrinsically linked, it is therefore necessary that they give back to society in order to benefit it's surrounding community, although this might constitute cost to the Organisations on the short run, and an advantage to the community, but on the long run, it pays off for these Organisations. The objective of this study is to investigate the impact of corporate social responsibility on Organisational performance. Three hypothesis were formulated to guide the investigation exercise. Primary data were used in the form of open ended questionnaire to obtain the required data. One hundred and thirty three questionnaires were distributed personally by the researcher to the management staffs of the selected banks all being the sample banks selected using random sampling. All the one hundred and thirty three questionnaires were generated with full responses, this constituting 100% success rate. simple percentage method of data analysis and analysis of variance were used to analyse the generated data. The study's findings emphasises the fact that corporate social responsibility plays a significant role in improving the performance of Banks.the study recommends that Organisations should incorporate CSR practices into its programmes as they will likely enjoy the benefits in the long run.